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Hamilton home prices may rise if mortgage rate drops: CMHC - Hamilton

Ottawa gets $37 5M from province s housing fund

The Ontario government is giving Ottawa about $37.5 million in funding for making "substantial progress" toward meeting its 2023 housing target.According to the Canada Mortgage and Housing Corporation, Ottawa ended last year with 10,313 new homes — less than 1,000 homes shy of the provincially mandated goal.Even so, Ontario Premier Doug Ford announced the new cash on Friday.He said the city's progress meant thousands of families are "going to have a roof over their [heads].""I just find that abs

Vacancy rate in CBRM falls below 1%, CMHC report says

Cape Breton's vacancy rate has plummeted to 0.8 per cent, the lowest in the province, according to the Canada Mortgage and Housing Corporation.That's down from 1.5 per cent in 2022, and 6.1 per cent in 2021.The data is from the agency's fall count, which also shows that the overall vacancy rate in the province is 1.1 percent. Nova Scotia and Prince Edward Island were tied with the lowest rates in the country."I think in the case of Cape Breton, it's a situation of higher demand and not enough su

MEDIA ADVISORY - FEDERAL GOVERNMENT TO MAKE HOUSING ANNOUNCEMENT IN MARATHON

Regina quietly announces $35 million in federal housing funds

The City of Regina has overhauled its regulations around density and development, and will now have federal money to show for it.On Friday, Federal Housing Minister Sean Fraser and Mayor Sandra Masters quietly announced that the city will receive $35 million from Ottawa's housing accelerator fund (HAF).The money is meant to fast track more than 1,000 housing units over the next three years, according to a news release.The homes will be on top of what is normally built in the city.Friday's announ

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